U.K. Budget May See 2017 Economic Growth Outlook Upgraded: Chart

The Office for Budget Responsibility will update its forecasts this week as part of Chancellor Philip Hammond’s Budget, and will have to take into account the economy’s momentum since its last outlook in November. But while it may raise its 2017 prediction from 1.4 percent -- below the Bank of England’s 2 percent prediction -- recent signs of slower growth may mean any upgrade will be modest. There’s also a chance that projections for later years will be reduced.

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